CNBC is optimistic today on the upward trend this morning. I even heard that dividend paying stocks may be increasing their dividends. That is exciting news for those of us who like the dividend paying stocks. I’m watching Scottrade today as our stocks are heading up. I haven’t put in any buy orders yet today, but have several sell orders in. I’m looking for some good daytrades.
I thought this article found on Yahoo finance was very interesting and in my opinion makes PepsiCo a stock worth watching.
NEW YORK (AP) — PepsiCo Inc. plans to cut the sodium found in each serving of its key brands by one-fourth in five years, the company announced Monday, as the industry deals with pressure from the government and health-conscious shoppers who want more options.
The maker of Frito-Lay chips and Pepsi drinks announced several nutrition goals Monday at the start of a two-day investor conference. Continue here
This is looking like it could be a good day at the Stock Market. At least it is off to a good start. I’ve been putting in sale orders and plan on looking at the dividend paying stocks with an EX date of next week.
Today I have in a sell on AMAT for 12.90, DTE for 45.79, and USMO for 12.84.
I’m following our Scottrade account closely. Remember things happen fast on Wall Street. Watch for daytrades!
Today I’m watching HI (Hillenbrand Inc.). Remember I bought it for 21.26 a share, the price is going up. The dividend EX date is Monday, March 15 and it pays .18 a share. It would make a nice little profit if I sold it now, but I’d miss the dividend payment if I sell today. Watching it and deciding what to do.
I’m, also, checking out other stocks that will be paying dividends next week. Typically, the stocks will go up before a dividend payment, then drop back down after the EX date. I’m using the The Streets Dividend Calender to find the stocks that are paying the dividends next week. Always go to your Scottrade or your main account that is giving real time updates to check out the information. Right now I have Scottrade open in a window, The Street and Yahoo Finance and of course our ScottradeAccount. These are my favorite 3 places to get stock information.
UPDATE – 11:53AM Sometimes I have no reason why I buy certain stocks, this morning ARNA (Arena Pharmaceuticals, Inc.) caught my attention. I bought at 3.04 a share, they do not pay dividends but just seemed like a good deal to me. Though I do have good luck with the pharmaceutical stocks and tend to like them and enjoy studying new products they are developing.
Today is an interesting day on Wall Street. The stocks can’t seem to decide if they want to go up or down. It looks like a good day to get in some day trading. Right now I’m keeping an eye on KYN (Kayne Anderson MLP Investment). I have a sell order for 25.99 and it looks like it may just make it today. We will have come out about even on the stock buy/sell itself, but still made a good profit on the dividend paid in January.
We are still holding onto the stock we have in CHG (CH Energy Group Inc.), I still think it will go back up. I hope that isn’t just wishful thinking on my part.
As a little side note – what do you all think of Scottrades new format? I’m liking it a little better now that I’m getting used to it. The first time I logged into my Scottrade after they changed it I didn’t think I liked it at all.
UPDATE – 11:15AM – Have put in a buy order for HI (Hillenbrand Inc.) for 21.26 a share. They have an EX date of 3/15 and are paying .18 a share. I’m not sure if we can get it bought for this price but have the order in. I have set this buy order to last only today on Scottrade.
EVENING UPDATE – This turned out to be a good day for us and the stock market. We still have CHG and KYN, I’m not willing to take a loss on them yet.
We bought USMO (USA Mobility Inc.) for 12.65 a share, it is has an EX date of 3/15 paying .25 a share.
Then, was able to get HI (Hillenbrand Inc.) for 21.26 a share. HI dividend is .18 with an EX date of 3/15.
